Calgary Real Estate Blog

Calgary’s residential resale housing market posted relatively strong November activity reaching 1,782 units, a three per cent increase over the previous year, and nearly 13 per cent above long term averages.

“Relative to other major centres, economic growth in Calgary remains one of the strongest in the country,” said CREB® chief economist Ann-Marie Lurie. “Employment opportunities and relatively higher wages have encouraged people to move here, supporting the demand growth in our housing sector.”

Meanwhile, new listings growth continues to outpace the gains in sales, supporting a 22 per cent year-over-year rise in November inventories to 3,849 units. While inventories have recorded

Acadia Bungalow - Awesome Location!Bright, updated family home on beautiful tree-lined street! This 3 bedroom bungalow features an all new kitchen with custom English Sycamore cabinets, new Lux windows and gleaming refinished hardwood floors! The oversized 24'x24' garage is heated and will fit 2 large vehicles with room for a work area! Acadia is a popular, established SE Calgary community - close to downtown, public transportation, major roads and ALL amenities - shopping, schools and recreation.

Residential sales this month totaled 2,336 units, a record level for July activity. However, year-over-year sales growth slowed to 3.18 per cent.

"While July's sales growth seems like a dramatic departure from the double-digit gains recorded in the first half of this year, it is in comparison to exceptionally strong sales during the same period last year," said CREB® chief economist Ann-Marie Lurie, noting July sales this year are nearly 19 per cent above long-term averages for the month.

New listings in July totaled 3,219 units, an 18 per cent increase over the previous year. The rise outpaced sales growth during

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Albertans will soon be asked if they wish to register to be an organ and tissue donor when renewing their driver's licence - part of ongoing work to establish a single provincial agency to co-ordinate organ and tissue donations in Alberta.

Organ and tissue donor rates have dropped by nearly 40 percent over the past decade in Alberta .

“Becoming an organ and tissue donor is one of the greatest gifts you can give. Every individual who consents to donate may save up to eight lives and improve the quality of life for up to 75 more, and that’s why we’ve worked with registry agents to ensure Albertans will have the opportunity to register as a donor at registry agents across the province.”

The City of Calgary has announced a big party and celebration for Canada Day 2014!

Canada Dayyc 2014 will feature a "Living Flag" event, First Nations Powwow, Food Truck Roundp & BassBuss and a concert featuring Michael Bernard Fitzgerald and Mother Mother! The whole evening will be topped by a fireworks presentation at the Centre Street Bridge at 10:45pm.

Events take place throughout the day at Riverfront Avenue around Macleod Trail, Prince's Island Park, Eau Claire Market with the main Canada Dayyc official ceremonies starting 6pm at the Harry Hays building.

Sales improve as consumers have more choiceCity-wide price gains and better weather support year-over-year gains in new listings

Calgary, June 2, 2014 – Residential sales in the city of Calgary totaled 2,948 units in May, a 16 per cent increase over the previous year. Sales last month were well above long-term trends and are the highest May activity on record.

"Strong sales activity is a reflection of improving fundamental conditions such as a growing population, favourable lending rates and rising wages," says CREB® chief economist Ann-Marie Lurie. "Leading up to May, resale market sales were somewhat restricted by lack of choice. However, recent price gains have encouraged growth in new listings, helping meet some of the housing demand."

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